2 months on rocket

Sale Pending

2711 W Grace St, Richmond, VA, 23220

$765,000

Home List Price

$9,084*

Closing Credit

0 Baths
2,716 SqFt
$282/SqFt
Multi
Schools Nearby

Location

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2711 W Grace St, Richmond$765,000

Buyer Closing Credits

$9,084*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
ParkingAssigned
Year Built1910
BasementYes
MLS #2400682
Lot Size0.07 Acres
StatusSale Pending
(Pending)

About 2711 W Grace St

Discover a rare gem in Richmond's vibrant Fan District with this charming triplex at 2711 W. Grace St. This property presents a unique blend of investment potential and classic living. The first floor houses two 1-bedroom, 1-bathroom units, each offering cozy living spaces. The second floor features a more spacious 2-bedroom, 2-bathroom unit, perfect for a small family or roommates with the potential for a third bedroom in the walkup attic. The two vacant units have been freshly painted, creating a bright and welcoming atmosphere. The interior boasts a mix of elegant tile and classic hardwood floors, complemented by high ceilings that add a sense of grandeur to the living spaces. A full basement provides convenient laundry facilities and secure storage, enhancing the functionality of this property and offering additional income. One of the 1-bedroom units is currently leased, offering immediate rental income. This is an excellent opportunity for investors looking for a property with a solid rental history or potential. Alternatively, it's ideal for someone seeking a unique living space with the added benefit of rental units. Outside, two parking spaces are available at the rear with alley access, adding to the convenience for residents. The location of this triplex is a significant draw, being in the heart of the Fan District. Residents will enjoy close proximity to a variety of local amenities, including shops, restaurants, and entertainment options, making it a highly desirable location. This property is not just a home; it's a lifestyle choice for those who appreciate the blend of modern living and historical charm that Richmond offers.

Property Details

Property Features

Property Information:

  • Architectural Style: Two Story
  • Year Built: 1910
  • Stories: 3
  • Living Area: 2,716 SqFt

Listing Office:

  • Office Name: Samson Companies
  • Office Phone: (804) 353-0009
  • Listing Agent: Matthew Jones

Interior Features

Interior Information:

  • Appliances: Gas Water Heater
  • Basement: Yes
  • Interior: Bedroom on Main Level, Granite Counters, High Ceilings

Exterior Features

Parking Information:

  • Parking: Assigned

Lot Features

Lot Information:

  • Lot Size: 0.07 Acres

School Info

Assigned Schools Information:

  • Thomas Jefferson High School, Public District Grades 9-12
  • Open High School, Public District Grades 9-12
  • Richmond Community High School, Public District Grades 9-12
  • Albert Hill Middle School, Public District Grades 6-8
  • William Fox Elementary School, Public District Grades PK-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $765,000
  • Price Per SqFt: $282/SqFt

Tax Information:

  • Annual Amount: $5,256
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Richmond, VA.

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Richmond, VA

City

Med. Sold Price

$343.1K

Med. Price/SqFt

$216

Avg. Days On Market

22

# of Sold Homes

329

2711 W Grace St vs Richmond

89 DAYS ON ROCKET

+67 Days

$765,000

+$421.8K More

$282/SqFt

+$66 More

KEY TAKEAWAY

This property is $421.8K more than the Median Sold Price and $66/SqFt more than other homes in Richmond, VA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CVR
  • MLS Number: #2400682

Listing Office:

  • Office Name: Samson Companies
  • Office Phone: (804) 353-0009
  • Listing Agent: Matthew Jones

IDX All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listings. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2024 Central Virginia Regional Multiple Listing Service,LLC. All rights reserved
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2024, 6:25:16 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Feb 19, 2019Home Sold
$462,950

Tax History

YEARPROP. TAXASSESSMENT
2021$5,256$439,000
2020$5,256$438,000
2019$4,332$422,000
2018$4,332$361,000

History based on county public records data.

Payment Calculator

$3,886

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,360

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2483036
4
/10

  • William Fox Elementary School

  • 2300 Hanover Ave

  • 0.47 miles

  • Public District Grades PK-5

Middle School

school-card-donut-2483037
2
/10

  • Albert Hill Middle School

  • 3400 Patterson Ave

  • 0.67 miles

  • Public District Grades 6-8

High School

school-card-donut-2483038
3
/10

  • Thomas Jefferson High School

  • 4100 W Grace St

  • 1.19 miles

  • Public District Grades 9-12

school-card-donut-2483039
10
/10

  • Open High School

  • 600 S Pine St

  • 1.88 miles

  • Public District Grades 9-12

school-card-donut-2483040
10
/10

  • Richmond Community High School

  • 201 E Brookland Park Blvd

  • 2.29 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $38,423. Most Richmond, VA residents have annual incomes less than $35k. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›Virginia›Richmond›23220›2711 W Grace St

This home is located at 2711 W Grace St in Richmond, VA and zip code 23220 in the The Fan neighborhood. This 2,716 square foot home, which was built in 1910, sits on a 0.07 acre lot. It has been listed on Rocket Homes since January 30, 2024 and is currently priced at $765,000.

In March 2024 more than 158 listings in Richmond, VA were sold above the asking price. During the same period more than 70 listings were sold at asking price, while more than 97 were sold below. The number of listings in Richmond, VA increased by 7.8% between February 2024 and March 2024. In March 2024, listings were on the market for 22 days. During the same period, the median list price in this real estate market was $343,141.

From Rocket Homes Real Estate and based on county public records data.

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